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Photo of Producers’ share of pork retail price at 2-year high

Bethan Wilkins

Analyst

AHDB Pork Market Intelligence

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Producers’ share of pork retail price at 2-year high

Home \ Prices & Stats \ News \ 2016 \ November \ Producers’ share of pork retail price at 2-year high

Producers’ share of retail pork prices continued to increase during October, rising by 2 points on the previous month to reach 39%.

This is on par with levels last seen in late 2014 and is a substantial 4% higher than the year earlier figure. As retail prices continued to remain static during October, at a level 1% lower than the same month in 2015, further increases in the GB pig price were responsible for raising the producers’ stake in the retail pork price. The EU-spec APP rose by 5p/kg on the previous month, bringing it to a significant 15p/kg more than the October 2015 price. However, competition between retailers has lead to reluctance to pass on this rise to consumers.

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Small movements were seen in the prices of individual cuts during the month. Fillet end leg saw the most substantial change, rising in price by 2% on the previous month. Boneless shoulder and loin steaks showed a smaller rise of 1%, while pork fillets, minced pork and traditional pork cuts declined in price by 1%. Other cuts remained stable during the period

Compared to October 2015, most cuts showed price declines. Loin steaks were most significantly cheaper, with the retail price back 4% on the year. Diced pork declined by 3% during this period, while traditional pork sausages fell in price by 2%. Most other cuts showed a smaller price decline, the exceptions being pork fillets and boneless legs which remained stable on the year and fillet end leg which was more expensive.

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Bethan Wilkins, Trainee Analyst
bethan.wilkins@ahdb.org.uk, 024 7647 8757